Bedford, TX Economy


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Bedford, TX is a great city located in the northern region of Texas. It has a population of 50,000 people and its cost of living is considered to be slightly higher than the US average. The median rent for a 2 bedroom apartment is $1,600 - slightly more expensive than the US average of $1,430. The Grocery Cost Index in Bedford is 100, which is equal to the US average. This makes Bedford an attractive place to live with affordable prices and plenty of amenities. Companies like Flextronics, ACH Food Companies, Inc., and National Oilwell Varco are some of the major employers located in Bedford. There are plenty of educational opportunities such as the Tarrant County College Northeast Campus and several public schools located here as well. In addition to these services there is also a range of recreational activities available including parks with walking trails and lakes for fishing. Overall Bedford is a great city to consider when looking for an affordable place to live with plenty to do nearby.

Bedford has an unemployment rate of 6.7%. The US average is 6.0%.

Bedford has seen the job market decrease by -3.9% over the last year. Future job growth over the next ten years is predicted to be 37.3%, which is higher than the US average of 33.5%.

Tax Rates for Bedford
- The Sales Tax Rate for Bedford is 8.3%. The US average is 7.3%.
- The Income Tax Rate for Bedford is 0.0%. The US average is 4.6%.
- Tax Rates can have a big impact when Comparing Cost of Living.

Income and Salaries for Bedford
- The average income of a Bedford resident is $38,918 a year. The US average is $37,638 a year.
- The Median household income of a Bedford resident is $76,409 a year. The US average is $69,021 a year.

Income by Population Percent

  EconomyBedford, TexasUnited States
    Unlock6
    Unlock-6.2%
    Unlock33.5%
    Unlock6.2%
    Unlock4.6%
    Unlock$37,638
    Unlock$69,021
    Unlock$85,028
  Population by Occupation
    Unlock1.2%
    Unlock0.5%
    Unlock6.8%
    Unlock10.0%
    Unlock2.5%
    Unlock11.0%
    Unlock4.8%
    Unlock0.8%
    Unlock1.9%
    Unlock4.7%
    Unlock1.9%
    Unlock7.6%
    Unlock0.1%
    Unlock4.2%
    Unlock9.3%
    Unlock14.0%
    Unlock2.1%
    Unlock7.0%
    Unlock4.8%
    Unlock4.7%
Reviews for Bedford
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I am originally from Maryland, but spent over 25 years in El Paso,Texas. I had the misfortune of having to live in Houston for about 4 years back in the later 70's, and  More

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Over 17 years ago

Stinks  More

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I've lived in Bedford for over twenty years. It's the perfect suburb to the DFW metroplex - almost in the middle, low crime, and friendly residents. Neighbors still wave  More

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